Block Inc (XYZ) concluded trading on Wednesday at a closing price of $83.89, with 7.16 million shares of worth about $600.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.36% during that period and on February 19, 2025 the price saw a loss of about -0.34%. Currently the company’s common shares owned by public are about 556.32M shares, out of which, 544.89M shares are available for trading.
Stock saw a price change of 1.57% in past 5 days and over the past one month there was a price change of -3.53%. Year-to-date (YTD), XYZ shares are showing a performance of -1.29% which increased to 20.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.00 but also hit the highest price of $99.26 during that period. The average intraday trading volume for Block Inc shares is 6.83 million. The stock is currently trading -3.13% below its 20-day simple moving average (SMA20), while that difference is down -5.23% for SMA50 and it goes to 13.12% higher than SMA200.
Block Inc (NYSE: XYZ) currently have 556.32M outstanding shares and institutions hold larger chunk of about 63.85% of that.
The stock has a current market capitalization of $52.00B and its 3Y-monthly beta is at 2.74. PE ratio of stock for trailing 12 months is 47.13, while it has posted earnings per share of $1.78 in the same period. Its PEG reads 1.03 and has Quick Ratio of 2.06 while making debt-to-equity ratio of 0.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XYZ, volatility over the week remained 2.63% while standing at 3.33% over the month.
Stock’s fiscal year EPS is expected to rise by 97.40% while it is estimated to increase by 26.01% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 14, 2025 offering a Buy rating for the stock and assigned a target price range of between $90 and $108 to it. Coverage by Raymond James stated Block Inc (XYZ) stock as an Outperform in their note to investors on January 03, 2025, suggesting a price target of $115 for the stock. On December 19, 2024, Oppenheimer Upgrade their recommendations, while on December 13, 2024, Monness Crespi & Hardt Upgrade their ratings for the stock with a price target of $115. Stock get a Market perform rating from BMO Capital Markets on November 25, 2024.
